According to the Payment of Bonus Act, 1965, what is the minimum bonus that needs to be paid to every employee?

A. 8.33% of the salary or wages earned by the employee during the accounting year

B. 8.1% of the salary or wages earned by the employee during the accounting year

C. 7.33% of the salary or wages earned by the employee during the accounting year

D. 9.33% of the salary or wages earned by the employee during the accounting year

Answer: Option A